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The Latest Breaking News from the International Energy Agency

Trump wanted Korean battery builders to stay. How dependent is Europe on Korean EV battery makers?

Europe heavily relies on South Korean-run factories for EV batteries. About 75 per cent of existing battery cell manufacturing capacity in Europe is owned by Korean companies, 50 per cent of which is owned by LG, according to the International Energy Agency.

Euronews

Climate action can feel slow – but the fastest energy leap in history has begun

It’s increasingly common to hear from experts and the general public that the global shift away from fossil fuels is glacially slow, or even nonexistent.

The Conversation

China’s electric vehicle influence expands nearly everywhere – except the US and Canada

In 2025, 1 in 4 new automotive vehicle sales globally are expected to be an electric vehicle – either fully electric or a plug-in hybrid.

The Conversation

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NGOs wary of Norway’s world-first scheme to bury CO2 under the North Sea

Environmental groups are warning that Norway’s Northern Lights project – the world’s first commercial offshore carbon storage scheme – could end up masking continued fossil fuel use. It began operations this week, pumping CO2 into a reservoir deep beneath the North Sea seabed.

Radio France Internationale

Crude Oil Falls on Bearish Weekly Inventory Report and IEA Oil Surplus Forecast

September WTI crude oil (CLU25) on Wednesday closed down -0.52 (-0.82%), and September RBOB gasoline (RBU25) closed down -0.0040 (-0.19%). Crude oil prices on Wednesday fell due to a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy Agency....

Barchart

Crude Oil Falls on Bearish EIA Inventory Report and IEA Oil Surplus Forecast

September WTI crude oil (CLU25 ) today is down -1.15 (-1.82%), and September RBOB gasoline (RBU25 ) is down -0.0266 (-1.29%). Crude oil prices are sharply lower today on a bearish weekly EIA crude inventory report of +3.0 million bbls and a bearish oil surplus forecast by the International Energy...

Barchart

Cleaner cooking could save 4.7 million lives in Africa by 2040, IEA says

Getting homes in Africa to stop burning wood, charcoal or dung to feed fires for cooking and use liquefied petroleum gas (LPG), bioethanol and biogas could prevent 4.7 million premature deaths between now and 2040, according to a report published on Friday by the International Energy Agency (IEA).

Radio France Internationale

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The EU is importing more LNG than pipeline gas: How bad is it for the climate?

The EU is ramping up LNG imports to make up for the lack of Russian pipeline gas reaching the bloc. What's the environmental and financial cost?

Euronews

Global Oil Demand To Dip In 2030, First Drop Since Covid: IEA

Global oil demand will fall slightly in 2030, its first drop since the 2020 Covid pandemic, the International Energy Agency said Tuesday.

International Business Times

EV Batteries Got 20% Cheaper Last Year

The good news: Cheaper batteries mean cheaper EVs, according to a new study from the International Energy Agency. The bad news: China is still moving faster.

InsideEVs

Global methane emissions still far above what countries report, IEA warns

The fossil fuel industry released more than 120 million tonnes of methane in 2024, keeping emissions close to record highs, the International Energy Agency said this week. The level has barely changed since 2019, despite global pledges to cut this powerful greenhouse gas.

Radio France Internationale

UK’s clean power push ‘route to energy security’, says Ed Miliband

The Energy Secretary also shared a message from King Charles which said green energy would make countries’ power systems ‘more resilient and secure’.

Evening Standard

‘Energy security’ is being used to justify more fossil fuels – but this will only make us less secure

The UK government is about to host a summit with the International Energy Agency (IEA) on the future of energy security. It does so as the world grapples with war, geopolitical realignments and trade barriers, against a backdrop of accelerating climate upheavals. One of the expected outcomes of this summit…

The Conversation

US to impose tariffs of up to 3,521% on south-east Asia solar panels

Ahead of a global summit in London comes a warning that lessons on energy security have not been learnedBusiness live – latest updates

The Guardian - UK

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Barchart

Energy Demand Concerns Undercut Crude Prices

May WTI crude oil (CLK25 ) Tuesday closed down -0.20 (-0.33%), and May RBOB gasoline (RBK25 ) closed up +0.0022 (+0.11%). Crude oil and gasoline prices on Tuesday settled mixed. Tuesday's stronger dollar weighed on crude prices. Also, Tuesday's action by the International Energy Agency (IEA) to cut its global...

Barchart

Crude Prices Weaken as IEA Cuts its Global Crude Demand Forecast

May WTI crude oil (CLK25 ) today is down -0.23 (-0.37%), and May RBOB gasoline (RBK25 ) is up +0.0033 (+0.16%). Crude oil and gasoline prices today are mixed. Today’s stronger dollar is weighing on crude prices. Also, today’s action by the International Energy Agency (IEA) to cut its global...

Euronews

Air conditioner use driving up emissions as global heating bites

Record high temperatures last year fuelled demand for air conditioning, in turn driving an increase in dirty coal-fired power generation in a dangerous feedback loop revealed by a new global survey from the International Energy Agency.

The Guardian - UK

EVs and datacentres driving new global ‘age of electricity’, says watchdog

Forecast for rising global electricity use likely to stoke fears of rising costs and stalled efforts to fight climate crisis

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The Conversation

3 reasons to fear humanity won’t reach net-zero emissions – and 4 reasons we might just do it

Within hours of taking office last week, President Donald Trump made good on his pledges to wind back the United States’ climate action – including withdrawing the US from the Paris Agreement.

The Independent UK

Trump pumps coal as answer to AI power needs but any boost could be short-lived

President Donald Trump's return to office could bring some temporary relief to the beleaguered U.S. coal industry

Radio France Internationale

IEA forecasts record nuclear electricity production in 2025

Nuclear-powered electricity generation is on track to reach a record high in 2025, with forecasts indicating it will make up nearly 10 percent of global energy production, the International Energy Agency (IEA) said Thursday.

The Independent UK

Five facts about electric vehicles in 2024

Here are a few takeaways on electric vehicles in 2024: As of November, the global EV market grew by 25% year-over-year

Radio France Internationale

Global coal demand to reach record high in 2024, IEA finds

Global consumption of coal is set to reach a new peak in 2024 – driven by rising demand in China, India and Indonesia, the International Energy Agency (IEA) said in its latest report, released Wednesday.

The Guardian - UK

Odour of oil and return of Trump hang heavy over Cop29 in Baku

Prospects of strong outcome appear dim but there is hope the talks will address pressing issue of climate finance

The Independent UK

Carbon pollution from high flying rich in private jets soars

A new study says private jet carbon pollution soared 46% from 2019 to 2023

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